Deal Details

Acquisition of Control Company

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Summary

About

Cole-Parmer Instrument Company, LLC (“Cole-Parmer” or the “Company”), a portfolio company of Golden Gate Capital (“Golden Gate”), recently announced its acquisition of Control Company, a portfolio company of Summit Park LLC (“Summit Park). Terms of the transaction were not disclosed. Cole-Parmer is a leading global source of laboratory and industrial fluid handling products, instrumentation, equipment, and supplies. The Company has developed an expertise in the fields of temperature measurement and control, electrochemistry, and fluid handling. Cole-Parmer’s product lines, including brand names such as Masterflex®, Ismatec®, Oakton®, Digi-Sense™, and private label products, are sold globally through company-owned customer channel outlets and a strong network of international dealers. Cole-Parmer also features an ISO-17025-accredited metrology lab for instrument calibration and repair. Cole-Parmer was founded in 1955 and is based in Vernon Hills, Illinois. Control Company is a leading provider of an extensive array of private label and branded laboratory equipment, including thermometers, timers, tools, humidity gauges, hygrometers and conductivity tools. Unique among its competitors, substantially all of Control Company's products are individually calibrated and tested and sold with a Traceable® Calibration Certificate issued from Control Company's calibration laboratory, which is accredited by the American Association for Laboratory Accreditation. Control Company was founded in 1974 and is based in Webster, Texas.

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